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during the president obama years we went from 32% of gdp to 40% of gdp. germany's 42%. we're not far behind them. then you have france and italy and spain -- >> steve, dan, michael, thank you so much, guys. we really appreciate it. >> we have a lot more to say on this topic. >> it's one that could go on for a while here. >> we're heading to -- by the way f we become france and italy, does that mean the bread and cheese and water -- >> 20 minutes to go here, hanging onto those gains. we rallied in the open. the dow's up 177. >> i could see you at a cafe with a cigarette hanging out. >> you haven't seen anything yet. find out why our next guest says even bigger gains are on the horizon if things go the way he thinks they're going. >> walmart moving up its dividend payout from january up to december to avoid the looming fiscal cliff tax increase. should companies and investors be making these huge decisions based on uncertainties? we'll look at that coming up. when you take a closer look... ...at the best schools in the world... ...you see they all have something very inte
during the president obama years we went from 32% of gdp to 40% of gdp. germany's 42%. we're not far behind them. then you have france and italy and spain -- >> steve, dan, michael, thank you so much, guys. we really appreciate it. >> we have a lot more to say on this topic. >> it's one that could go on for a while here. >> we're heading to -- by the way f we become france and italy, does that mean the bread and cheese and water -- >> 20 minutes to go here, hanging...
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Nov 19, 2012
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power lunch" as he was one of the group of civic leaders to meet behind closed doors with president obama on friday. mark morial, a very happy saints fans as they beat the raiders yesterday, the ceo of the national urban league. you spoke with the president on friday, mayor. where do you think he sees the most fruitful opportunity for compromise? >> the president was in a great mood and i think our meeting on friday capped off a meeting during which the president -- a week, rather, during which the president met with business, labor, civic leaders and congressional leaders. and the most important thing from our perspective are, one, to ensure that middle class and working class tax cuts are sustained in the negotiations, and then number two, to ensure that any of the steps that are taken do not affect negatively on the fragile recovery and the job creation which is beginning to take place. and thirdly, to ensure that america's most vulnerable citizens, those who have been damaged by the recession in a very big way, do not have to bear disproportionate share of the burden to get us to a gr
power lunch" as he was one of the group of civic leaders to meet behind closed doors with president obama on friday. mark morial, a very happy saints fans as they beat the raiders yesterday, the ceo of the national urban league. you spoke with the president on friday, mayor. where do you think he sees the most fruitful opportunity for compromise? >> the president was in a great mood and i think our meeting on friday capped off a meeting during which the president -- a week, rather,...
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now that obama got four more years zero happen? jerry taylor's today's energy for the cato institute. >> i would like added that could be affordable but without subsidies it would not be there. the wind energy tax credit is disappearing most projects are collapsing. it is more expensive and of not to we would not have to subsidies. john: control our own energy? >> i am not sure what the point* is if our oil came from alaska or texas if of supply a disruption in the middle east will will disrupt the supply of us as well as them and if an angry foreign country cuts us off the set of buying from them we would play a game of musical chairs to buy from somebody else then displace somebody else. that was the scenario in 1973. it did not reduce imports. it is a global market for go the same reason could grain embargo did not keep it out of the market once you sell it to somebody will go to where the market dictates. john: the front page of the wall street journal the u.s. will overtake saudi arabia by the largest oil producer. john: that
now that obama got four more years zero happen? jerry taylor's today's energy for the cato institute. >> i would like added that could be affordable but without subsidies it would not be there. the wind energy tax credit is disappearing most projects are collapsing. it is more expensive and of not to we would not have to subsidies. john: control our own energy? >> i am not sure what the point* is if our oil came from alaska or texas if of supply a disruption in the middle east will...
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if part of the deal is that obama care is fully funded then all of the hospitals across the country ended up getting about 40 million new paying users, pag patients. good news for all of the hospital systems. >>> got to take a break here but buyer's beware. unibonds may not be the safe haven you may think they are. find out what is at stake for this trade right after this. [ male announcer ] the markets keep moving. make sure the news keeps coming with thinkorswim by td ameritrade. use the news links breaking stories with possible breakout stocks, options with potential opportunity, futures and forex with in-depth analysis. it's an all-you-can-eat buffet for all things trading. thinkorswim by td ameritrade. it doesn't just deliver news. it's making news. trade commission free for 60 days, plus get up to $600 when you open an account. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ul
if part of the deal is that obama care is fully funded then all of the hospitals across the country ended up getting about 40 million new paying users, pag patients. good news for all of the hospital systems. >>> got to take a break here but buyer's beware. unibonds may not be the safe haven you may think they are. find out what is at stake for this trade right after this. [ male announcer ] the markets keep moving. make sure the news keeps coming with thinkorswim by td ameritrade. use...
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obama has worked hard to talk to them to try to steer it in that direction. will that happen? >> the most phones call that secretary clinton has made from the road have been to her counter-part in egypt. and they have been very clear that egypt has a relationship, they have the credibility and influence in the region to push hamas to stop the attacks. now, there is also a fair amount of funding being held up in washington right now that the egyptians need very immediately. remember, they weren't just one of the top recipients of foreign aid. they have a funding crisis. they have literally been to the point where they have had problems paying bills. so there is some immediate leverage to gets them to act immediately. whether that ends up being effective or not is another question. >> schieffer: well, do we think the administration-- obviously, i would guess they're advising the israelis not to invade. but what beyond that are they trying to do? is this an opening to start a-- the peace process to get it started again, david? >> bob, if-- if-- if mursi, and turkey, the key playe
obama has worked hard to talk to them to try to steer it in that direction. will that happen? >> the most phones call that secretary clinton has made from the road have been to her counter-part in egypt. and they have been very clear that egypt has a relationship, they have the credibility and influence in the region to push hamas to stop the attacks. now, there is also a fair amount of funding being held up in washington right now that the egyptians need very immediately. remember, they...
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what is president obama thinking these days? and what can we expect of the fiscal cliff negotiations? robert wolf is an outside adviser to president obama. a former president of investment banking at ubs and now ceo of the firm 32 advisers. robert, great to see you. >> great to be here, maria. >> thanks for joining us. so you are a rare breed. you're a top wall street executive, but you have a very close relationship with the president. so talk to us about this drama over the fiscal cliff. are we still in the positive touring stage? how does this play out? >> i hope it plays out with a deal. i would have probably put it around 80% a deal. but i would have sliced it this way. i would say 50% of that 80 is that they come up with, like, $60 billion. which is six months of the ten years of the $1.2 trillion sequester. >> okay. >> okay? >> so that's a drop in the bucket. >> a drop in the bucket. so you could do that. and is that would also i would think if you're doing that, you would have to say, okay, and we're going to pass the de
what is president obama thinking these days? and what can we expect of the fiscal cliff negotiations? robert wolf is an outside adviser to president obama. a former president of investment banking at ubs and now ceo of the firm 32 advisers. robert, great to see you. >> great to be here, maria. >> thanks for joining us. so you are a rare breed. you're a top wall street executive, but you have a very close relationship with the president. so talk to us about this drama over the fiscal...
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did you see over the weekend president obama was in bangkok confident a deal could be made. geithner sounded confident a deal could be made. it's funny. a number of guys this weekend mentioned to me the signs to buy would not come from congress. it's going to come from the irs. a number of guys have been mentioning it's likely the deal looks possible or even very likely. the irs will issue a directive to everybody essentially telling everybody not to change withholding rates if we look like we have a deal. that's exempting the top 2% of course. when you get that even if you don't have a deal, that's a detectivi directive that the thing will happen there. keep your book light. a lot of guys play different books. 60% long, 40% short. a lot of guys a good part of their books are now in the cash side right now. the important thing is looking at some of these hedge fund returns, most returns are up 4%, 5%, 6%. somewhere around there. the s&p is up 8%. most of them are still under performing on the year. you mentioned the impact on sandy and manufacturing. this certainly makes sen
did you see over the weekend president obama was in bangkok confident a deal could be made. geithner sounded confident a deal could be made. it's funny. a number of guys this weekend mentioned to me the signs to buy would not come from congress. it's going to come from the irs. a number of guys have been mentioning it's likely the deal looks possible or even very likely. the irs will issue a directive to everybody essentially telling everybody not to change withholding rates if we look like we...
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president obama said israel has every right to protect itself. former cia director david petraeus has named the famous lawyer robert barnett. petraeus is facing a possible investigation over his affair with paula broadwell. notre dame hit the top of rankings for the first time ever. it looks to claim the first national title since 1988. the fighting irish remain undefeated. alabama and georgia round out the top three. those are your headlines. now, back to dagen. dagen: thank you so much. regulation choking smaller banks in this country. they have to find a way to get bigger. is that good news for investors? anton, telling about regulation not just choking out at the big level, but also these smaller banks. what are they going through? >> the smallest thing for the smaller banks is that thousand pages of rules. they have had to hire people to make sure they are obeying the rules. lots and lots of compliance people. if you are a small company and you have to hire a number of people, you broke your ability to make money. dagen: do they not did stat
president obama said israel has every right to protect itself. former cia director david petraeus has named the famous lawyer robert barnett. petraeus is facing a possible investigation over his affair with paula broadwell. notre dame hit the top of rankings for the first time ever. it looks to claim the first national title since 1988. the fighting irish remain undefeated. alabama and georgia round out the top three. those are your headlines. now, back to dagen. dagen: thank you so much....
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so i think a first thing to look at is actually president obama's budget. president obama's budget actually does have specific way to get to additional $1.6 trillion in revenue, people may not like it. we can have a debate around it but it goes line by line as you can get an additional $1.6 trillion in revenue. when it comes to entitlements it has an additional $300 billion in savings. health care it goes line by line. in the next several weeks my guess is we're not going to agree to all those lines. my hope is they agree to overall targets when it comes to entitlements and revenue, they may lay out a number of the ways that you'd end up reaching those targets and several months after that, that actually write the legislation. i think the danger is that when it comes to the discretionary budget, 40% of the budget that's annually appropriate, where you decide how to allocate resources annually, what they decide to do is they end up reducing that category three or five years out. they realize they don't have to make the hard decisions for three to five years
so i think a first thing to look at is actually president obama's budget. president obama's budget actually does have specific way to get to additional $1.6 trillion in revenue, people may not like it. we can have a debate around it but it goes line by line as you can get an additional $1.6 trillion in revenue. when it comes to entitlements it has an additional $300 billion in savings. health care it goes line by line. in the next several weeks my guess is we're not going to agree to all those...
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president obama is backing israel. both parties on capitol hill backing him? >> reporter: this is interesting. we've been back and forth so much about the fiscal cliff and seeing democrats and republicans on opposite sides of issues. this is not one of those. in fact listen to what a couple of prom negligent democrats and republicans had to say about the president backing israel. >> president obama and others are doing their very best to see if they can't turn hamas' attacks off. >> all of the republicans and democrats stand with the president in supporting israel. >> reporter: so here's one where president obama says, look, israel has the right to defend itself and we're going to defend that right. you've got top democrats and republicans here on capitol hill saying you're right, the president is right. >> meantime president obama says he's in touch with leaders across the region in hopes of putting a stop to the fighting. israel and hamas have put forth very different conditions for a truce. do you think a cease-fire is likely or even possible at this point?
president obama is backing israel. both parties on capitol hill backing him? >> reporter: this is interesting. we've been back and forth so much about the fiscal cliff and seeing democrats and republicans on opposite sides of issues. this is not one of those. in fact listen to what a couple of prom negligent democrats and republicans had to say about the president backing israel. >> president obama and others are doing their very best to see if they can't turn hamas' attacks off....
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. >>> we are getting word into cnbc right now that president obama has indeed called israeli prime minister benjamin netanyahu, as well as egypt's president mohamed morsi ostensibly to discuss ways to get a cease-fire in the middle east. israeli inner cabinet is meeting as we speak. ayman, what is the latest live? gaza? >> reporter: well, there's a flurry of diplomatic activity all across the region. we understand that israel's top security officials known as the inner cabinet that includes the prime minister, the defense minister and other important figures are going to be convening within the hour to have a meeting to discuss possible offers that have been made by egyptian mediators regarding the truce coming out of gaza and their response to those offers coming out of egypt. more importantly, they're also going to chart what course of action the israeli government will undertake if indeed they reject or accept that truce offer. there are 30,000 soldiers that have been amassed across the border, 75,000 called up from the reservists. many people feel that's an ominous sign a ground invasio
. >>> we are getting word into cnbc right now that president obama has indeed called israeli prime minister benjamin netanyahu, as well as egypt's president mohamed morsi ostensibly to discuss ways to get a cease-fire in the middle east. israeli inner cabinet is meeting as we speak. ayman, what is the latest live? gaza? >> reporter: well, there's a flurry of diplomatic activity all across the region. we understand that israel's top security officials known as the inner cabinet...
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. >>> president barack obama is in asia at this hour. but, not everyone is happy about his latest stop. the important political figure he is about to meet, some people are noist happy about that, as well. live report still ahead. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood monitoring. like warfarin, xarelto® is proven effective to reduce the risk of an afib-related stroke. there is limited data on how these drugs compare when warfarin is well managed. no routine blood monitoring means bob can spend his extra time howeve
. >>> president barack obama is in asia at this hour. but, not everyone is happy about his latest stop. the important political figure he is about to meet, some people are noist happy about that, as well. live report still ahead. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin,...
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if president obama wanted. to he tells his chief of staff, round up the top -- i want to know who sent this. get this out in the open. i want it done by 3:00 tomorrow. believe me, it could get done if they wanted it to. but they don't. >> andrea: so obvious there was never any evidence for a video. the c.i.a. originally said it was terror. why or how did they get a story about a video, i have no idea. >> bob: do you think the protests were about the video the other 21 countries about that? >> greg: it's us blaming the video. >> bob:be maybe. >> andrea: if you want to get to egypt why would the muslim brotherhood gen up the video on the embassy? we don't talk about that a lot. it's going great in egypt, right, bob? great in egypt. >> bob: you have no evidence they ginned that up. ridiculous. >> eric: night of the attack i went to youtube to check it out. there were 3,000 views of that. there were more people protesting than who had seen the video at that point. >> bob: but it was broadcast -- >> dana: blame for
if president obama wanted. to he tells his chief of staff, round up the top -- i want to know who sent this. get this out in the open. i want it done by 3:00 tomorrow. believe me, it could get done if they wanted it to. but they don't. >> andrea: so obvious there was never any evidence for a video. the c.i.a. originally said it was terror. why or how did they get a story about a video, i have no idea. >> bob: do you think the protests were about the video the other 21 countries...
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she is a career diplomat, i don't think she needs barack obama to take up for her in a press conference she has been doing this for a long time. she either going to the answer questions if he thinks that is unfair, he can come answer 'em. >> mike: congressman when you were on a few weeks ago, you indicated that you felt like general petraeus needed to come and testify and you would be willing to compel him to do so. right now, he has done that. he did it voluntarily, he didn't have to but he did it under oath. what about hillary clinton, the secretary of state. will she be subpoenaed if she does not voluntarily come to the committees and go through a fulltime of testimony? >> the short answer is yes. but i believe she has already volunteered to come. here's the issue general petraeus has come once. he hasn't come before the oversight committee, he hasn't come before judiciary and other committees of jurisdiction. the notion that you can come once in a closed door hearing with no cameras and public not know what is going on and the rest of us not be able to ask questions, that is not goi
she is a career diplomat, i don't think she needs barack obama to take up for her in a press conference she has been doing this for a long time. she either going to the answer questions if he thinks that is unfair, he can come answer 'em. >> mike: congressman when you were on a few weeks ago, you indicated that you felt like general petraeus needed to come and testify and you would be willing to compel him to do so. right now, he has done that. he did it voluntarily, he didn't have to but...
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the pivot, speaking of obama's pivot to the middle east is a stupid choice. the united states has achieved nothing and only annoyed china. china can't be contained. i wish the professor would tell us what he or she really thinks. in terms of the pivot happening now, your assessment? >> i think the pivot is part of a refocus that the administration needs to make. look, you know, despite the way mitt romney talked about, you know, standing up to china, it needs to know where the united states plans to go and how it will look at actions taken by the chinese, especially economic. geopolitical, their influence on the u.n. and elsewhere and sort of stopping or advancing certain causes is important. i think the president is sending out a clear signal his second term, while he's done this year domestically at home said okay republicans you want to play, time to play, i think he's saying beginning to say internationally, okay, i'm ready to move on to the international stage and stay and do things heretofor have not done. and to allies, supporters, friends we're with y
the pivot, speaking of obama's pivot to the middle east is a stupid choice. the united states has achieved nothing and only annoyed china. china can't be contained. i wish the professor would tell us what he or she really thinks. in terms of the pivot happening now, your assessment? >> i think the pivot is part of a refocus that the administration needs to make. look, you know, despite the way mitt romney talked about, you know, standing up to china, it needs to know where the united...
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let's come back and talk about barack obama being re-elected. and also historically, where you put him in context, relation to the untold history of the united states and about this fascinating new project you have. after the break. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different op
let's come back and talk about barack obama being re-elected. and also historically, where you put him in context, relation to the untold history of the united states and about this fascinating new project you have. after the break. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. starts with arthritis pain and a choice. take...
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. >>> overseas, president obama is making history today becoming the first commander in chief visiting myanmar. for decades, it was ruled by a military hunta, but as chuck todd reports, the president met with the new prime minister and long time democracy activist. >> reporter: the president wrapped up an historic visits here. 20 hours on the ground in myanmar. the first president to visit this president. he is now in cambodia. he was here and greeted by throngs of people. the president used his time here to try to motivate the current president to continue the reforms. he was sure to spotlight aung san suu kyi. he visited her house and this house is where she was under house arrest for years. the two of them made brief remarks and the president was off to yanggong university. he talked about why it was time for a u.s. president to visit myanmar. to open the door of joining myanmar community. he presented challenges for myanmar. he used stories of the american story and evolution of american democracy as evolution. >> the road ahead is marked by huge challenges. there will be those who
. >>> overseas, president obama is making history today becoming the first commander in chief visiting myanmar. for decades, it was ruled by a military hunta, but as chuck todd reports, the president met with the new prime minister and long time democracy activist. >> reporter: the president wrapped up an historic visits here. 20 hours on the ground in myanmar. the first president to visit this president. he is now in cambodia. he was here and greeted by throngs of people. the...
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president obama with a message for the jewish state, reinforcing its right to take a stand in the face of terror. >> we are fully supportive of israel's right to defend itself from missiles landing on people's homes. >> but now we're learning the u.s. and great britain are saying something new, that starting a ground war is risky for israel. >> and in america, helping our own warriors from the front line, and healing the lasting emotional scars of battle. did you know there's an app for that? i'm harris falkner. the middle east at a crossroads, standing between an escalation of the conflict and the search for a cease-fire. egypt within recent days aligning itself with palestinians, but still leading the push to try to end the fighting. reports say an israeli envoy is in cairo for talks to arrange for a truce, but for now, a break through looks distant. the sound now of what is coming. >> people running for their lives, looking for cover. as gaza militants launch dozens of rockets targeting israel's heartland. and just a flavor now of what's been happening night and day, three rockets a
president obama with a message for the jewish state, reinforcing its right to take a stand in the face of terror. >> we are fully supportive of israel's right to defend itself from missiles landing on people's homes. >> but now we're learning the u.s. and great britain are saying something new, that starting a ground war is risky for israel. >> and in america, helping our own warriors from the front line, and healing the lasting emotional scars of battle. did you know there's...
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i believe time with president barack obama expressing confidence that he will reach a budget agreement with kong west and really those comments have a positive effect on the european markets as well also be paid was one of the biggest gainers owner of course we were discussing just now plans of that multi billion dollars buyback and the encouraging news that the fiscal cliff is to be time to some what means the euro dollar as you can see just that is indeed meanwhile the russian ruble managed to finish up the trading week actually getting again seen cost of cars as. well the russian market then ended the day with use of us all prices always have a major effect on the energy dependent russian market and all it is advancing so well make. that the middle east and west will disrupt supply. a movie on russia's second biggest mobile phone operator megaphone has nominated a former u.k. finance minister as an independent director to the company's board i have a lot paul minus still a huge shareholder approval to get the job minus is not new to the mobile industry are you what is the director a
i believe time with president barack obama expressing confidence that he will reach a budget agreement with kong west and really those comments have a positive effect on the european markets as well also be paid was one of the biggest gainers owner of course we were discussing just now plans of that multi billion dollars buyback and the encouraging news that the fiscal cliff is to be time to some what means the euro dollar as you can see just that is indeed meanwhile the russian ruble managed...
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and they're all disappointed in president obama. there's high unemployment among the hispanic community. president obama did not embrace comprehensive immigration reform like he promised. but they voted for him because he is a lesser of two evils. self deportation being pushed by mitt romney hurt our chances. we're in a death spiral with hispanic voters because of rhetoric around immigration. and candidate romney and the primary dug the hole deeper. you know, people can be on public assistance and scheme the system. that's real. and these programs are teetering on bankruptcy. but most people are on public assistance don't have a character flaw. they just have a tough life. i want to create more jobs, and the focus should be on how to create more jobs, not demonize those who find themselves in hard times. our party can adjust. conservatism is an asset. but rhetoric like this keeps digging a hole for the republican party. and it we don't stop digging, we're never going to get out of it. >> senator, thank you very much. >> egypt. watch
and they're all disappointed in president obama. there's high unemployment among the hispanic community. president obama did not embrace comprehensive immigration reform like he promised. but they voted for him because he is a lesser of two evils. self deportation being pushed by mitt romney hurt our chances. we're in a death spiral with hispanic voters because of rhetoric around immigration. and candidate romney and the primary dug the hole deeper. you know, people can be on public assistance...
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and so president obama doing all of this while he is making this historic visit to outeast asia. thomas. >> and thank you, kristen welker, abc white house news correspondent. >>> and hundreds of sandy victims found out they will never be able to go back home and hundreds are waiting for the final word. americans are always ready to work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested
and so president obama doing all of this while he is making this historic visit to outeast asia. thomas. >> and thank you, kristen welker, abc white house news correspondent. >>> and hundreds of sandy victims found out they will never be able to go back home and hundreds are waiting for the final word. americans are always ready to work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping...
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i think he is engaging obama in the same type of class warfare discussion that obama wants to have. i think we have to go back to the conservative populism of ronald reagan, which is to talk about the economy but say something else. romney -- >> very quickly. >> we cannot run only on an economic message. >> exactly. >> react before conservatives on social issues, on national issues, and on the economy. >> and aspirational americanism, where you are free to go as far as you want to go and to do what you want to do. you are right about hispanic community, especially, they are very entrepreneurial. when they start small businesses, they start like the big government less. >> we're out of time. i want to thank you all for coming today. please join me in thanking our panelists for this terrific discussion. thank you. [applause] [captions copyright national cable satellite corp. 2012] [captions copyright national cable satellite corp. 2012] >> >> the head of the nasdaq stock exchange gives his thoughts on the impact of the fiscal cliff on. capital on these in washington to speak at the br
i think he is engaging obama in the same type of class warfare discussion that obama wants to have. i think we have to go back to the conservative populism of ronald reagan, which is to talk about the economy but say something else. romney -- >> very quickly. >> we cannot run only on an economic message. >> exactly. >> react before conservatives on social issues, on national issues, and on the economy. >> and aspirational americanism, where you are free to go as...
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how the decision was made by the justice department -- how and when it was made to inform president obama of the investigation of the c.i.a.? >> i would say that with regard to that issue, what we did was conduct the investigation in the way that we normally conduct criminal investigations. we do so in a way that -- so they can be seen as being done in an impartial way. we follow the facts. we do not share outside the justice department, outside the f.b.i., the facts of ongoing investigations. we made the determines as we were going through the matter that there was not a threat to national security. had we made the determination that a threat to national security existed we would, of course, have made that known to the president and also to appropriate members on the hill. but as we went through the investigation, looked at the facts and tried to examine them as they developed, we felt very secure in the knowledge that a national security threat did not exist that warranted the sharing of that information with the white house or with the hill. but when we got to a point in the investigat
how the decision was made by the justice department -- how and when it was made to inform president obama of the investigation of the c.i.a.? >> i would say that with regard to that issue, what we did was conduct the investigation in the way that we normally conduct criminal investigations. we do so in a way that -- so they can be seen as being done in an impartial way. we follow the facts. we do not share outside the justice department, outside the f.b.i., the facts of ongoing...
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obama. during the foreign policy debate, in fact, there was an outright discussion about traditional means of warfare. this is some of the, you know, the newer versions. and i hesitate saying this, of course, with senator mccain because he jumped in on this, but the short of it is i want to say there are strongly held differing viewpoints. starting with your question, david was presenting one view on this. i think it needs to be set, there are differing views. we will also be headed toward the sequestration debate and discussion which is going to be a very significant one over the issue of our defense budget. but you have in this makes public opinion. and there is in the united states a reluctance in both candid it's and they know that americans are not looking to have books on the ground. having said that, i think that will gain made two important points, one of which is, let's look at afghanistan. right now there is a discussion about the status of forces agreement and what kind of presenc
obama. during the foreign policy debate, in fact, there was an outright discussion about traditional means of warfare. this is some of the, you know, the newer versions. and i hesitate saying this, of course, with senator mccain because he jumped in on this, but the short of it is i want to say there are strongly held differing viewpoints. starting with your question, david was presenting one view on this. i think it needs to be set, there are differing views. we will also be headed toward the...
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obama has been doing with that. it's a beautiful thing. 5:38 right now. the fallout from august's row fine refire in richmond continues this morning. coming up, the new report that has a lot of people concerned about their health. >> reporter: i'm bob redell. we're live in the south bay with just how bad the demand is for food this thanksgiving holiday. that story coming up. >>> we'll also take you live back to gaza this morning. look at that. they have been having so many explosions, fires, air strikes. we have a live report coming up with the latest details on the fighting now. ♪ ♪ we were skipping stones ♪ and letting go ♪ over the river and down the road ♪ [ female announcer ] at nature valley, we know nature comes together in amazing ways. that's why we bring together natural ingredients, like dark chocolate with toasted oats, or sweet golden honey. perfect combinations of nature's delicious ingredients, from nature valley. ♪ ♪ i was thinking that i hope this never ends ♪ [ female announcer ] nature valley granola bars, nature at its
obama has been doing with that. it's a beautiful thing. 5:38 right now. the fallout from august's row fine refire in richmond continues this morning. coming up, the new report that has a lot of people concerned about their health. >> reporter: i'm bob redell. we're live in the south bay with just how bad the demand is for food this thanksgiving holiday. that story coming up. >>> we'll also take you live back to gaza this morning. look at that. they have been having so many...
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call now. >>> president obama tries to strengthen u.s. ties in asia. it's pfr a strategy to limit china's influence in the region. now the president is in cambodia at the historic visit to myanmar. in cambodia he is attending the rageal east asia summit. he also held what one aide calls a tense meeting with cambodia's prime minister. the focus was on the need to improve human rights. in myanmar the president urged the country to continue the reform movement that is underway there. he met with nobel peace prize winner aung san suu kyi and praised her for her prodemocracy activism. we get details from the trip from our dan rivers. >> reporter: president obama became the first sitting u.s. president to visit myanmar formally after three years of intense engagement with the former military dictatorship. he dismissed criticism that the trip was in some ways premature saying that his presence there could be a catalyst for change. he held a highly symbolic meeting with the pro-democracy leader aung san suu kyi at her residents. the house that had been her eff
call now. >>> president obama tries to strengthen u.s. ties in asia. it's pfr a strategy to limit china's influence in the region. now the president is in cambodia at the historic visit to myanmar. in cambodia he is attending the rageal east asia summit. he also held what one aide calls a tense meeting with cambodia's prime minister. the focus was on the need to improve human rights. in myanmar the president urged the country to continue the reform movement that is underway there. he...
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tide of foreclosures, the commissioner of the federal housing administration, david stevens, says the obama administration has set aside billions to give banks the incentive to help struggling and underwater borrowers with their mortgages. but banks have been slow to modify the terms of those loans. >> the fact of the matter is, these programs are designed to affect those who are most at risk, who are unable to make their payments, and it does require the investor, the servicer, to participate. >> the decision to walk away from the sinking home by people who can afford to pay is spreading like a virus, because as one person on the street does it, the next-door neighbor says, "what am i doing? why am i putting all this money into this almost worthless house?" >> the concern has to be-- for someone who's gonna take that move--is that they have to be so deeply in negative equity that they're willing to damage their credit, damage their financial reputation going forward. if you get foreclosed on in your home--you walk away from your mortgage when you could have afforded it, particularly-- that
tide of foreclosures, the commissioner of the federal housing administration, david stevens, says the obama administration has set aside billions to give banks the incentive to help struggling and underwater borrowers with their mortgages. but banks have been slow to modify the terms of those loans. >> the fact of the matter is, these programs are designed to affect those who are most at risk, who are unable to make their payments, and it does require the investor, the servicer, to...
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helpful to the obama administration. signed on to obama care. what happened with two of the biggest corporations in the country. too broad of a stroke. we're against regulations when, in fact, guys like me got elected because small business own eers would take me into the office and say look at the osha forms. look at all these other forms i have. and so you sit there and you paint a broad brush and you're giving breaks to the big banks on wall street to get corporate welfare and -- >> that's always the tension. the tension is individual people understand how awful it can be to be yoekd to regulations of no help to a business that grosses a million dollars a year and has five employees whereas those regulations are necessary to manage the conduct of a company with 100,000 employees that actually, you know, dumps polluted water. but they're laid out across american business and they don't have an equal impact. they impact those who can least afford to handle them and that's why regulation is a problem. it's less of a problem for big business just
helpful to the obama administration. signed on to obama care. what happened with two of the biggest corporations in the country. too broad of a stroke. we're against regulations when, in fact, guys like me got elected because small business own eers would take me into the office and say look at the osha forms. look at all these other forms i have. and so you sit there and you paint a broad brush and you're giving breaks to the big banks on wall street to get corporate welfare and -- >>...
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orszag was president obama's budget director. next, they are interviewed by peter cook for about a half hour. >> >> the fiscal problems and the tax issues. we have some people. we're talking about finding ground. i am talking with peter orszag sa. we have professor martin feldstein. he has commented on these issues, and donald merrin. we have three experts to talk about these issues. walk us through this minefield and see where they year might be common ground. peter orszag, let me start with you, and the basic question about whether or not tax revenue has to be part of this conversation to begin with and whether the two sites, whether there is more common ground. >> tax revenue has to be part of the solution here, but because of the underlying budget math, but also because of the election that was just held and the desire of at least the administration to obtain that additional revenue. on the substance, the point i would make is whatever comes out of this fiscal cliff arrangements, i will now step out of the bounds of political
orszag was president obama's budget director. next, they are interviewed by peter cook for about a half hour. >> >> the fiscal problems and the tax issues. we have some people. we're talking about finding ground. i am talking with peter orszag sa. we have professor martin feldstein. he has commented on these issues, and donald merrin. we have three experts to talk about these issues. walk us through this minefield and see where they year might be common ground. peter orszag, let me...
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obama met with aung san suu kyi. once a political prisoner in myanmar, now a member of parliament and later spoke at the university of yangon. cnn's jessica yellen traveling with the president in myanmar, the country previously called burma. jessica, how was the president's speech received there? >> hey, christine. the president and the white house say the president was deeply moved, first of all, by the several thousand people who gathered along the streets here to greet him on his arrival for what you described as an historic first trip by a sitting president. and the reception here was, as you might expect, a very warm one. about 1500 people in this auditorium for the people who did turn up to see him. they were very smiling and pleased to see him. the president's message to this crowd and the leaders was to continue their move toward liberalization, an open society, toward democracy here in myanmar. he used his own history as an example, he said that sometimes democracy takes time, and nations have to evolve to a
obama met with aung san suu kyi. once a political prisoner in myanmar, now a member of parliament and later spoke at the university of yangon. cnn's jessica yellen traveling with the president in myanmar, the country previously called burma. jessica, how was the president's speech received there? >> hey, christine. the president and the white house say the president was deeply moved, first of all, by the several thousand people who gathered along the streets here to greet him on his...
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president obama decided against closing gitmo. he will not fight that fight despite promising to close it. fatal oil rig explosion in the gulf of mexico. holy, look at that. >> brian: he's not talking about a fish. the tv crew captured the whole explosion friday on camera. they are expanding the search for the body of the last missing worker. dive teams found the body of the other missing worker on saturday. steve, ally. >> steve: four years ago candidate barack obama vowed to get help for the veterans and end the backlog of knen fits claims. it was the same promise he made this past veteran's day. >> if you find yourselff struggling with the wounds of war and post traumatic stress or dramatic brain injury we'll be there with the care and treatment you need. no veteran should have to wait months or years for the benefits you have earned. we'll attack the claims backlog and we'll not let up. we will not let us. >> alisyn: despite the pledge, veterans waiting for claims has doubled and justin taylor served three wars in iraq. and li
president obama decided against closing gitmo. he will not fight that fight despite promising to close it. fatal oil rig explosion in the gulf of mexico. holy, look at that. >> brian: he's not talking about a fish. the tv crew captured the whole explosion friday on camera. they are expanding the search for the body of the last missing worker. dive teams found the body of the other missing worker on saturday. steve, ally. >> steve: four years ago candidate barack obama vowed to get...
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now president obama makes this historic trip, becoming the first u.s. president to visit myanmar, country formerly known as burma. a rousing welcome for the president. a sea of people eager to catch a glimpse of the motorcade. uniformed school children waving u.s. and myanmar flags for miles. a red carpet welcome. mr. obama made an unannounced stop, a 2,000 year old holy site, center of buddhaism. a monk led them in a ceremonial pouring of water over the head of a buddha statue. then it was off to aung san suu kyi's house, where the activist lived under house arrest for years. >> i would like to say how happy i am to receive president obama in my country and in my house. >> reporter: later, the president formally addressed the people of myanmar in a speech at a university where he justified his trip to this not yet free country. >> i sent a message to those governments that ruled by fear. i said in my inauguration address we will extend a hand if you're willing to unclench your fist. under the president, the desire for change has been met by agenda for
now president obama makes this historic trip, becoming the first u.s. president to visit myanmar, country formerly known as burma. a rousing welcome for the president. a sea of people eager to catch a glimpse of the motorcade. uniformed school children waving u.s. and myanmar flags for miles. a red carpet welcome. mr. obama made an unannounced stop, a 2,000 year old holy site, center of buddhaism. a monk led them in a ceremonial pouring of water over the head of a buddha statue. then it was off...